Professional Documents
Culture Documents
-
#$+&&'( )#'( 1;).#*7?( N8-/-( '-1;#'-(-$*/( %&'
^#H-+Q(&+-(6;#.+#$2/4(,8-'-(ABC@(#/(&!-')*-+(&$.7
:-$*#.)*#&$(&%(8-).*8(3)'-(%)3#.#*#-/(98&/!#*)./4
+;'#$2( -H*'-(-( &;*+&&'( 3&$+#*#&$/4( )'-( 6-3&(#$2
$;'/#$2( )$+( 3&$:).-/3-$*( 8&(-/"( )'-
!'-:).-$*( #$( >$+#)?( N8-( &33;!)$*/( #$( (#H-+Q(&+-
/-!)')*-.7(3&:-'-+(#$(N)6.-(R?(N8-/-(:).;-/
6;#.+#$2/()'-((&'-()+)!*#:-(,8-$(3&(!)'-+(*&(*8&/-
8):-( 6--$( !'-/3'#6-+( *&( +#.;*-( 8;()$( 6#&
#$()#'(3&$+#*#&$-+(6;#.+#$2/()$+(/&(-,8)*(.-//()+)!*#:-
-%%.;-$*/( )$+( &*8-'( 3&$*)(#$)$*/( ,#*8( )$
3&(!)'-+(*&(&33;!)$*/(#$($)*;')..7(:-$*#.)*-+(6;#.+#$2/? )+-1;)*-(()'2#$(&%(/)%-*7()$+(*&()33&;$*(%&'
>$+&&'(&!-')*#:-(*-(!-')*;'-(n 9T?_[(o(&;*+&&' 8-).*8( :)'#)*#&$/( )(&$2( !-&!.-( )$+( :)'#-+
*-(!-')*;'-"(p(X`?[` )3*#:#*7(.-:-./?(N8-(:).;-/(!'-/3'#6-+(#$(*8-
*)6.-( /8)..( 6-( ;/-+( #$( 3&$M;$3*#&$( ,#*8( *8-
]8-'-(#$+&&'(&!-')*#:-(*-(!-')*;'-(9#$(m@"(#/($-;*').
)33&(!)$7#$2($&*-/?
*-(!-')*;'-( )$+( &;*+&&'( *-(!-')*;'-( #/( *8-( UT( +)7
&;*+&&'(';$$#$2((-)$()#'(*-(!-')*;'-(9#$(m@"? K)*;')..7( :-$*#.)*-+( /!)3-/( )$+( (#H-+( (&+-( /!)3-/4
,8#.-(2-**#$2(&!-')*-+(#$($)*;')..7(:-$*#.)*-+((&+-4(,#..
N8-(cT( !-'3-$*()33-!*)6#.#*7(')$2-(%&'(*8-(>$+#)(/!-3#%#3 8):-(*&('-.7(&$(&;*+&&'()#'(;/#$2(%-$-/*')*#&$(/7/*-(/?
)+)!*#:-((&+-./(%&'((#H-+Q(&+-(6;#.+#$2/(#/(qU?RVm@? N8-(1;)$*#*7()$+(+#/*'#6;*#&$(&%(#$*'&+;3-+(%'-/8()#'
3"($(),%*),&(0/*'*(0#/,D-=F,C<*>/*07+D /8&;.+(*)=-(#$*&()33&;$*(*8-($)*;').(#$%#.*')*#&$(&%(*8-
6;#.+#$2?
P*;+#-/(/8&,/(*8)*(/*)*#3(O'-+#3*#:-(^-)$(B&*-(9O^B"
(&+-.(&:-'Q!'-+#3*/(*8-(/-$/)*#&$(&$(*8-(,)'(-'(/#+- N8-( !'&!&'*#&$( &%( %'-/8( )#'( #$*'&+;3-+( #$*&( )#'
&%( *8-( `( !&#$*( /-$/)*#&$( /3).-( #$( )#'( 3&$+#*#&$-+ 3&$+#*#&$-+( 6;#.+#$2( ()7( 6-( :)'#-+( *&( )38#-:-
6;#.+#$2/?(F$-(&%(*8-(*,&((-*8&+/(/8&;.+(6-()+&!*-+ -3&$&(#3).()$+(-%%#3#-$*(&!-')*#&$?(]8-$(*8-(%'-/8()#'
,8#.-( +-*-'(#$#$2( #$+&&'( 3&$+#*#&$/( &%( %;..7( )#' 3)$(!'&:#+-()(;/-%;.(3&&.#$2(-%%-3*4(*8-(1;)$*#*7(/8)..
3&$+#*#&$-+(6;#.+#$2/?(F$-(&%(*8-/-((-*8&+/(#/(6)/-+ 6-(3&$*'&..-+(*8'&;28()#'(/#+-(-3&$&(#5-'(*&(6).)$3-
&$()#'(*-(!-')*;'-()$+(*8-(&*8-'(#/(6)/-+(&$(/*)$+)'+ *8-(3&&.#$2(+-()$+?(A&,-:-'4(,8-$(*8-()#'(#/(*&&(,)'(
-%%-3*#:-(*-(!-')*;'-(9PLN"(,8#38(#$3.;+-/(-%%-3*(&% &'(8;(#+(*8-(1;)$*#*7(()7(6-('-+;3-+(*&()((#$#(;((*&
6&+7(/;'%)3-()'-)4('-.)*#:-(8;(#+#*7(9EA"4()#'(:-.&3#*7 '-+;3-(*8-(3&&.#$2(.&)+?
9I)"4( )#'( *-(!-')*;'-( 9!)"4( ')+#)$*( *-(!-')*;'-( 9!'"4
=@4%)EFDDC%"BC%]RMNBGI%U)"]V
&;*+&&'(*-(!-')*;'-(9!&;*"4(3.&*8#$2(#$/;.)*#&$(9=>("()$+
)3*#:#*7(')*-(9^LN"? >$+&&'()#'(1;).#*7(#/(*8-(1;).#*7(&%()#'(,8#38()%%-3*/(&;'
3&(%&'*( )$+( 8-).*8?( N8#/( #/( (&/*( +#'-3*.7( '-.)*-+( *&
X" -*),'#82#)%'<)#,C%+#/,%22)(%&"D
8-).*8()$+(()7('-/;.*(#$(/#3=(6;#.+#$2(/7$+'&(-(9P\P"?
>$+&&'(&!-')*#:-(*-(!-')*;'-(n O&&'(#$+&&'()#'(1;).#*7('-/;.*/(#$(/-:-'-()$+('-3;''#$2
9T?T`[(o(&;*+&&'(*-(!-')*;'-"(p(_U?_S +#/3&(%&'*/( /;38( )/( $);/-)4( 8-)+)38-/4( 3&.+4( +'7
]8-'-(#$+&&'(&!-')*#:-(*-(!-')*;'-(9#$(m@" (;3&;/4( #$%.)(-+( (-(6')$-( -7-4( $&/-( )$+( *8'&)*
#/( $-;*').( *-(!-')*;'-( )$+( &;*+&&' #''#*)*#&$4(+'&,/#$-//4(%)*#2;-4(+'7(/=#$()$+('-/!#')*#&$
*-(!-')*;'-( #/( *8-( UT( +)7( &;*+&&'( ';$$#$2 !'&6.-(/?
(-)$()#'(*-(!-')*;'-(9#$(m@"? =@4@<%4#%+<)#,(3,J0/((),-*),Q<%>*':,DJ-QF
N8-( cT( !-'3-$*( )33-!*)6#.#*7( ')$2-( %&'( *8-
)+)!*#:-((&+-./(%&'(3&$+#*#&$-+(6;#.+#$2/(#/ @)'6&$(+#&H#+-(#/(;/-+()/()(/;''&2)*-(:-$*#.)*#&$(#$+-H
qX?Sm@? %&'( +#)2$&/#$2( *8-( :-$*#.)*#&$( -%%#3#-$37( #$( )$
)#'( 3&$+#*#&$-+( )'-)?( N8-( (-)/;'-(-$*( &%( 3)'6&$
_" 9'%0/%)/, #33#&'*.#, '#82#)%'<)#, C%+#/
+#&H#+-(#$/#+-()(3&$+#*#&$-+()'-)(#/()$(#$+#3)*&'(&%(>Ci?
%22)(%&"D
F+&;'(3'#*-'#)()'-(.#=-.7(*&(/)*#/%74(#%(:-$*#.)*#&$(')*-/
P*)$+)'+(-%%-3*#:-(*-(!-')*;'-(n )'-(/-*(/&(*8)*(X(TTT(!!((@F_(#/($&*(-H3--+-+?(A&,-:-'4
9T?TXR(o(&;*+&&'(*-(!-')*;'-"(p(_R?SU #$( /#*;)*#&$/( ,8-'-( &;*+&&'( 3&$+#*#&$/( )'-( $&*
]8-'-(/*)$+)'+(-%%-3*#:-(*-(!-')*;'-(9#$(m@" %):&;')6.-4()(+#%%-'-$3-(&%(`TT(!!(4(,8-'-(#$+&&'(!!(
#/( $-;*').( *-(!-')*;'-( )$+( &;*+&&' )'-( .-//( *8)$( &;*+&&'/4( /8&;.+( 6-( *)'2-*-+?( \;#.+#$2
*-(!-')*;'-( #/( *8-( UT( +)7( &;*+&&'( ';$$#$2 /8&;.+((--*()33-!*-+(/*)$+)'+/(*&():&#+(3&$*)(#$)*#&$
(-)$()#'(*-(!-')*;'-(9#$(m@"? *8'&;28( :&.)*#.-( &'2)$#3( 3&(!&;$+/4( (#3'&6#).
N8-( cT( !-'3-$*( )33-!*)6#.#*7( ')$2-( %&'( *8- 3&$*)(#$)*#&$(9%;$2).()$+(6)3*-'#)"?
)+)!*#:-((&+-./(%&'(3&$+#*#&$-+(6;#.+#$2/(#/ =@4@:% =(82(0#0'+, (3, -&'%C>#, J0/((), -*), Q<%>*':
qX?Tm@? DJ-QF
U" 4*0*8<8,(<'+*/#,3)#+",%*)P C33-!*)6.-(>Ci(#/(*7!#3)..7($&*()38#-:-+(67()++'-//#$2
N)6.-(U(!'-/3'#6-/((#$#(;((/;!!.7(')*-/(&% )$7(&$-(/!-3#%#3(6;#.+#$2(!'&+;3*4(/7/*-((&'(!'&3-+;'-0
:; ,"$)3,"*%'()*+),-%13+/%39%),+)"%:;<=
$MTNK%4%7BEBLRL%0KEGBNMGBDE%#MGKJ%BE%'CKMGQBEH%bDEK%U!""%,DGKJ%<%GD%>V
a=>%<+#(V?_93"9U"b
9N8#/(*)6.-(#/($&*(:).#+(#$(#/&.)*#&$0(#*(/8)..(6-(;/-+(#$(3&$M;$3*#&$(,#*8(*8-()33&(!)$7#$2($&*-/?"
!"#$%&%'()*+),-%./#0)1/.%2%./1$)3,%4%")#%13,+)$)3,),-5%6/"$),-%",+%7/16",)1"*%0/,$)*"$)3, :<
$MTNK%4%U(L"*+&,-.(.!
2-3( 2=3( 243( 253( 2V3( 2W3( 2X3( 2Y3( 2Z3( 2-.3( 2--3(
R;;;3('C?";1(=$$(&?"A($,=1($[( ( ( ( ( ( ( ( ( (
=3( OCD;0*);C&($(=0;+H(=)(=( V( =%V( .%.W( .%4( ( -V.( V( =%X( -(
?3( '"=1($(*/()(";H;*C$( V( =%V( .%.W( .%4( ( -=.( W( =%Y( -(
I*)$K;,(
13( <*C)0)**&$( V( =%V( .%.W( .%4( ( X.( W( =%Z( -(
D3( \(H;$"=0;R((1K=&?()$( V( =%V( .%.W( .%4( ( V.( W( 4%-( -(
(3( \;?)=);($( V( =%V( .%-=( .%W( ( -.( -X( Y%V( -(
/3( \*??;($( V( =%V( .%.W( .%4( ( -V.( V( =%X( -(
H3( ]C$(C&$(21K;"D)(+r$3( X%V( 4%Y( .%-=( .%W( ( 5.( --( V%4( -(
K3( ]C$(C&$#H=""();($( X%V( 4%Y( .%.W( .%4( ( 5.( Z( 5%W( -(
;N3(((X($;D(+0;="[( ( ( ( ( ( ( ( ( (
=3( @I("";+H(C+;0( V( =%V( .%.W( .%4( /"", /""(U*0((Y( Z( Z( -(
U*0($(Y(
=+D(Z(
?3( <*&&*+(1*));D*)$( Z( Z( .%.W( .%4( Z( Z( Z( Z( -(
N3((((X(0=;"[( ( ( ( ( ( ( ( ( (
=3( E="($(2(N1(,0(=$(?("*I3( X%V( 4%Y( .%-=( .%W( ( -V( -W( X%Y( =(
?3( ]=""(1*&&*+(=)(=$( X%V( 4%Y( .%.W( .%4( ( 5.( Z( 5%W( -(
13( ^=)?()$K*,( X%V( 4%Y( .%.W( .%4( ( =V( -.( V%.( =(
D3( ^(=C0A(=+D(+=;"($="*+$( =.( -.( .%-=( .%W( ( =V( =V( -=%5( =(
(3( '(0($K*,$(2=+;&="(=)(=$3( X%V( 4%Y( .%-Y( .%Z( ( -.( =W( -=%Y( =(
/3( EC,()&=)G(0( X%V( 4%Y( .%.W( .%4( ( Y( -V( X%W( -(
H3( <*;+L*,()=0(D("=C+D);($( X%V( 4%Y( .%.W( .%4( ( =.( --( V%4( =(
N;3(((E,*)0$(=+D((+0()0=;+&(+0[( ( ( ( ( ( ( ( ( (
=3( E,*)0$(=)(+=(2,"=A(=)(=3( Z( Z( .%4.( -%V( /""(U*0(( Z( Z( Z( -(
-.(
?3( _A&Y($0=D;C&(2,"=A(=)(=3( Z( Z( .%4.( -%V( ( 4.( Z( Z( =(
13( E,(10=0*)(=)(=$( X%V( 4%Y( .%.W( .%4( ( -V.( Y( 5%.( -(
D3( EI;&&;+H(2,**"(=+D( Z( Z( .%5Y( =%5( /""(U*0(( Z( Z( Z( =(
D(1G3( --(
(3( @;$1*#D=+1((/"**)$( =.( -.( .%.W( .%4( ( -..( =-( -.%4( -(
/3( `(="0K(1"C?#=()*?;1$()**&( =.( -.( .%.W( .%4( ( 5.( ==( -.%Y( =(
H3( `(="0K(1"C?#I(;HK0()**&$( =.( -.( .%.W( .%4( ( -.( =W( -4%.( =(
K3( ^*I";+H(=""(A(2$(=0;+H3( -.( V( .%-=( .%W( ( 5.( -4( W%V( -(
P3( _=&?";+H(1=$;+*$( X%V( 4%Y( .%-Y( .%Z( ( -=.( Z( 5%W( -(
G3( _=&((=)1=D($( X%V( 4%Y( .%-Y( .%Z( ( =.( -X( Y%4( -(
&3( E0=H($Y($0CD;*$( -.( V( .%.W( .%4( /""(U*0(( X.( --( V%5( -(
-=(
!!
$%&,'()!! "#$%$&'(%)!')&
" #$%(&$'(()*&(+*,'-.$,-,'(+*,+/,'%-'$*,0()*&(1/,1*%23$%%$'-'$*,($,'/,1$'20(-,4($,*55/,1$6/(*4*7%8
9 #$%(&$'((.*4/%-'/(+*,'-.$,-,'(+*,+/,'%-'$*,0(.$)4(1/,1*%23$%%$'-'$*,($,'/,1$'20(*%(.$)4)2(*55/,1$6/(*4*7%18(:)-11 9
-$%( -)1*( $,+)74/1( -$%( '(-'( $1( ,*'( ,/+/11-%$)2( (-%.57)( *%( *;</+'$*,-;)/( ;7'( '(-'( $1( $,-==%*=%$-'/( 5*%( '%-,15/%( *%
%/+$%+7)-'$*,('*(1=-+/1(71/4(5*%(4$55/%/,'(=7%=*1/18
> #$%(&$'((1$?,$5$+-,'(+*,'-.$,-,'(+*,+/,'%-'$*,0(1$?,$5$+-,'(1/,1*%23$%%$'-'$*,($,'/,1$'20(*%(*55/,1$6/(*4*7%8
@ #$%( &$'(( ($?()2( *;</+'$*,-;)/( 57./1( *%( ?-1/1( *%( &$'(( =*'/,'$-))2( 4-,?/%*71( =-%'$+)/10( ;$*( -/%*1*)10( *%( ?-1/10( -'
+*,+/,'%-'$*,1(($?((/,*7?(('*(;/(+*,1$4/%/4((-%.57)8
ABCDE
<%C(/(%-'/1($,('($1('-;)/(-%/(;-1/4(*,(-))(*'(/%(-==)$+-;)/(%/F7$%/./,'1(;/$,?(./'8
:%C($1('-;)/(-==)$/1('*(,*31.*G$,?(-%/-1(*,)28(H-'/1(5*%(1.*G$,?3=/%.$''/4(1=-+/1(1(-))(;/(4/'/%.$,/4(71$,?(*'(/%(./'(*418
4%I*)7./'%$+(-$%5)*&(%-'/1(-%/(;-1/4(*,(-,(-$%(4/,1$'2(*5("89(G?J#K.>0(&($+((+*%%/1=*,41('*(4%2(-$%(-'(-(;-%*./'%$+(=%/117%/(*5("(-'.
L"M"8>(GN-!(-,4(-,(-$%('/.=/%-'7%/(*5(9"O:8(H-'/1(.-2(;/(-4<71'/4(5*%(-+'7-)(4/,1$'2(;7'(17+((-4<71'./,'($1(,*'(%/F7$%/4(5*%(+*.=)$-,+/
&$'(('($1(1'-,4-%48
8%#+'7-)(*++7=-,'(4/,1$'2(1(*7)4(;/(+*,1$4/%/40('(/(4/5-7)'(*++7=-,'(4/,1$'2(1(-))(;/(71/4(*,)2(&(/,(-+'7-)(*++7=-,'(4/,1$'2($1(,*'
G,*&,8(J/5-7)'(+*.;$,/4(*7'4**%(-$%(L=/%(=/%1*,!(%-'/($1(;-1/4(*,('(/(4/5-7)'(*++7=-,'(4/,1$'28
>%P5('(/(*++7=-,+2(+-'/?*%2(5*%(-(=%*=*1/4(1=-+/(*%(Q*,/($1(,*'()$1'/40('(/(%/F7$%/./,'1(5*%('(/()$1'/4(*++7=-,+2(+-'/?*%2('(-'($1(.*1'
1$.$)-%($,('/%.1(*5(*++7=-,'(4/,1$'20(-+'$6$'$/1(-,4(;7$)4$,?(+*,1'%7+'$*,(1(-))(;/(71/48
=%R*%(($?((1+(**)(-,4(+*))/?/()$;%-%$/10(71/(6-)7/1(1(*&,(5*%(=7;)$+(-11/.;)2(1=-+/13()$;%-%$/18
?%C(/(=%/1+%$;/4(6-)7/(.-2(,*'(;/(1755$+$/,'(&(/,(1'*%/4(.-'/%$-)1($,+)74/('(*1/((-6$,?(=*'/,'$-))2((-%.57)(/.$11$*,18
&%J/5-7)'(*++7=-,+2(5*%(4&/))$,?(7,$'1(1(-))(;/('&*(=/%1*,1(5*%(1'74$*(-,4(*,/3;/4%**.(7,$'10(&$'((*,/(-44$'$*,-)(=/%1*,(5*%(/-+(
-44$'$*,-)( ;/4%**.8
X%#$%(5%*.(*,/(%/1$4/,'$-)(4&/))$,?(1(-))(,*'(;/(%/+$%+7)-'/4(*%('%-,15/%%/4('*(-,2(*'(/%(1=-+/(*7'1$4/(*5('(-'(4&/))$,?8
<;%S(/,(+*.;71'$*,(/F7$=./,'($1($,'/,4/4('*(;/(71/4(*,('(/(=)-2$,?(17%5-+/0(-44$'$*,-)(4$)7'$*,(6/,'$)-'$*,(-,4K*%(1*7%+/(+*,'%*)
1(-))(;/(=%*6$4/48
<<%C(/(=%/1+%$;/4(6-)7/(4*/1(,*'(-))*&(5*%((7.$4$'2(+*,'%*)8(#44$'$*,-)(6/,'$)-'$*,(*%(4/(7.$4$5$+-'$*,(.-2(;/(%/F7$%/4('*(%/.*6/
.*$1'7%/8
<:%C(/(=%/1+%$;/4(6-)7/(4*/1(,*'($,+)74/(1=/+$-)(/T(-71'(5*%(1'-?/(/55/+'10(5*%(/T-.=)/0(4%2($+/(6-=*7%10(1.*G/8
:: ,"$)3,"*%'()*+),-%13+/%39%),+)"%:;<=
$MTNK%8%3RGFDDC%"BC%#KaRBCKLKEGJ%WDC%0KEGBNMGBDE%DW%6KMNGQ%1MCK%9MOBNBGBKJ
a",$-!(("89L+!L>!b
4%%5#6% +$$%,7.(,#8% >3(,=.(")%?.@,='=% &'()##*%+,*% -"=.*A3%
&77'$.879<V% -"<',*"="8(3%
'()$*+$#-..(&c( "#$(,()( "#$(,()(&c(
'()$*+(
2-3( 2=3( 243( 253( 2V3( 2W3(
;3( '=0;(+0()**&$( -.( -4( Z( E,(1;="( )(VC;)(&(+0$( =+D( ,)($$C)((
;;3( ](D;1="(,)*1(DC)(( =.( Y( Z( )("=0;*+$K;,$( &=A( D(0()&;+(( &;+;&C&(
;;;3( \,()=0;+H()**&$( =.( -V( Z( R(+0;"=0;*+( )=0($( =+D( /;"0()( (//;1;(+1A%(
;R3( X(1*R()A(=+D(^<d( =.( Y( Z( ')*1(DC)($( H(+()=0;+H( 1*+0=&;+=+0$(
&=A()(VC;)((K;HK()()=0($(
R3( OC0*,$A()**&$( =.( Z( =%V( O;)($K=""( +*0(?(()(1;)1C"=0(D(;+0*(*0K()(
$,=1($(
R;3( 'KA$;1="(0K()=,A( =.( Y( Z( (
( -3(
U(0(*11C,;=?"(($,=1(%(
%-'(/%0($'($1('(/(%/17)'(*5(+-%/57)(-''/,'$*,('*(/-+((*5('(/ 5*%($,'/%,-)()$,$,?(-,4('(/%.-)($,17)-'$*,(*5
5*))*&$,?(57,4-./,'-)(/)/./,'1# 47+'1( $,( (/-)'(( +-%/( 5-+$)$'$/1( -,4( 5**4
$,471'%$/18(R*%(-))(*'(/%(-==)$+-'$*,10($'(.-2
-! :*,'-.$,-'$*,(1*7%+/(+*,'%*)e
;/( 71/4( &$'(( 5-+'*%2( )-.$,-'$*,( ;-+G37=( *%
;! N%*=/%(6/,'$)-'$*,e 17$'-;)/(<-+G/'$,?('*(-6*$4()**1/(5$;%/1(?/''$,?
+! $7.$4$'2(.-,-?/./,'e(-,4 $,'*(-$%(1'%/-.8
4! #4/F7-'/(5$)'%-'$*,8 +! R*%.-)4/(24/(5%*.(%/+*,1'$'7'/4(&**4(-,4
:*,'%*))$,?('(/(1*7%+/(*5(+*,'-.$,-,'1($1(57,4-./,'-) *'(/%( )$,?*3+/))7)*1$+( =%*47+'1#( f1/( *5
'*(-,2(P#f(1'%-'/?28(P,4**%(+*,'-.$,-'$*,(+-,(-)1*(;/ -)'/%,-'$6/(.-'/%$-)1(.-2(;/(+*,1$4/%/48
$,('(/(5*%.(*5(=-%'$+)/1(*%(+(/.$+-)1('(-'(.-2(+*./ =@4@8% !"#R$%&, &', #$, 0)*)+$,, )&, 12$/)&.'*, )*,
5%*.(*++7=-,'1(-,4('(/$%(-+'$6$'$/18(:*,'-.$,-,'1(5%*. 0).*&$*)*%$,!&)+$
1'-'$*,/%2( )*+-)( 1*7%+/1( &$'($,( '(/( 1=-+/( 1(*7)4( ;/
+*,'%*))/4( ;2( +*))/+'$*,( -1( +)*1/( '*( '(/( 1*7%+/( -1 -! P'( 1(-))( ;/( /,17%/4( '(-'( '(/( +($))/4( &-'/%
=%-+'$+-)(-,4($'1(%/.*6-)(5%*.('(/%/($'1/)58(P,(1*./(+-1/1 '/.=/%-'7%/( $1( -4/F7-'/( *%( '(/( %/5%$?/%-,'
17+(( -1( 6*)-'$)/( *%?-,$+( +*.=*7,41( LIB:1!0( &(/%/ +(-%?/($1(-4/F7-'/($,('(/(+-1/(*5(Jg(121'/.8
+*))/+'$*,(+)*1/('*(1*7%+/1($1(,*'(=*11$;)/0(4$)7'$*,(&$'( $$?(( (7.$4$'2( $,1$4/( '(/( +*,4$'$*,/4( -%/-
+)/-,( *7'4**%( -$%( 1(*7)4( ;/( -4*='/4( -1( '(/( .*1' 1(-))( ;/( -6*$4/4( '(%*7?(( =%*=/%
=%-+'$+-)(-,4(+*1'(/55/+'$6/(1*)7'$*,8 4/(7.$4$5$+-'$*,8
>$+%*;$-)(+*,'-.$,-'$*,(L57,?$(-,4(;-+'/%$-!(+-,(-)1* ;! >$)4/&( -,4( .*)4( 1=*%/1( 5%*.( '(/( 4-.=
;/(-(.-<*%(1*7%+/(*5($,4**%(+*,'-.$,-'$*,8(S(/,(.*)4 +*%,/%1(*%(*,(5-)1/(+/$)$,?0(4-.=(+-%=/'$,?(-,4
1=*%/1( -,4( *'(/%( .$+%*;$*)*?$+-)( =-%'$+)/1( ;/+*./ *55$+/(57%,$'7%/(&(/%/('(/%/($1(&-'/%()/-G-?/
-$%;*%,/0(*++7=-,'1(.-2(/T=/%$/,+/(-))/%?$+(%/-+'$*,1e 5%*.( '(/( -$%3+*,4$'$*,$,?( 7,$'1#( $'( 1(-))( ;/
'(/1/( %/17)'( $,( *55/,1$6/( *4*7%1( &$'($,( '(/( ;7$)4$,?8 /,17%/4('(-'('(/%/($1(,*()/-G-?/(5%*.('(/(4%-$,
N%*=/%( 4/1$?,( -,4( 1/)/+'$*,( *5( '(/( -$%( +*,4$'$*,$,? =-,( *5( '(/( 7,$'1( *%( ,*( +*,4/,1-'$*,( *,( '(/
121'/.(1(*7)4(=%/6/,'('(/($117/1(%/)-'/4('*(.$+%*;$-) +($))/4(&-'/%K%/5%$?/%-,'(=$=/1(-,4(6-)6/1(;2
+*,'-.$,-'$*,8(P,4**%((7.$4$'2()/6/)1(*6/%("M(=/%+/,' =%*=/%)2($,17)-'$,?('(/(1-./8
H$(5*%(=/%$*41(-1(1(*%'(-1(9@(((+-,(17==*%'('(/(?%*&'( +! ?/,/%-'$*,( *5( 57./1( $,1$4/( '(/( +*,4$'$*,/4
*5(1*./(5*%.1(*5(.*)4(-,4(57,?$(-,4(1(*7)4('(/%/5*%/ -%/-#($*,$Q/%1(1(-))(;/(71/48
;/(-6*$4/48 4! #$%((-,4)$,?(7,$'(%**.1(1(-))(,*'(;/(71/4(-1(-
=@4@4%!"#R$%&,&',#$,()*)+$,,)&,-'*&)(.*)&.'*,!'"/%$ 1'*%-?/( 1=-+/( 5*%( 1'*%$,?( 5$)/1( -,4( &-1'/
.-'/%$-)18
C(/1/( 1(*7)4( ;/( .-,-?/4( ;2( 1/=-%-'/( .-,-?/./,' /! J$%'2(17==)2(-$%(47+'10(4$%'2(5-)1/(+/$)$,?(-,4
121'/.0(-1(5*))*&1# %/'7%,( -$%( 1=-+/0( 4$%'2( 5$)'/%10( 4$%'2( &-'/%
-! J/=/,4$,?( 7=*,( 1$Q/( -,4( +-=-+$'2( *5 -++7.7)-'$*,(*%(1'-,4$,?(&-'/%($,('(/(4%-$,
=(*'*+*=2$,?( .-+($,/10( -..*,$-3=%$,'$,? =-,10(4$%'2(+**)$,?(+*$)10(4$%'2(&-'/%($,('(/(-$%
.-+($,/10()*+-)(/T(-71'(121'/.(1(*7)4(;/(71/4 +**)/%1(-,4(/6-=*%-'$6/(+**)$,?(=)-,'10(6$%710
'*(/T(-71'(5%*.(17+((/F7$=./,'8 ;-+'/%$-0(57,?71(5%*.('(/(-$%((-,4)$,?(7,$'(-,4
;! R$;%*71($,17)-'$,?(.-'/%$-)(1(*7)4(,*'(;/(71/4 4%-$,(=-,(*5('(/(-$%((-,4)$,?(7,$'10(/'+#(N)-,,/4
!"#$%&%'()*+),-%./#0)1/.%2%./1$)3,%4%")#%13,+)$)3,),-5%6/"$),-%",+%7/16",)1"*%0/,$)*"$)3, :4
*=/%-'$*,( -,4( =%/6/,'$6/( .-$,'/,-,+/( 1(-)) ?@:%+KJBHE%1DEJBFKCMGBDEJ
;/($.=)/./,'/4('*(-6*$4(17+(($117/18
?@:@< !57&$(,8*)957.7,)*,,!$9$%&.'*
=@4@>%3/$41%%"2)*%5,3"/+$,'6,-'*&)(.*)&.'*
E21'/.(1/)/+'$*,(5*%(*++7=-,'(+*.5*%'0(-1(4/5$,/4($,
N%/3*++7=-,+2(=7%?/(1(-))(;/(+-%%$/4(*7'('*(/,17%/('(-' =0(5*%(1=-+/(+**)$,?0((/-'$,?(-,4(6/,'$)-'$*,0(1(-))(;/
+*,'-.$,-,'10('(-'(.-2(;7$)4(7=(47%$,?(+*,1'%7+'$*, ;-1/4(*,('(/(5*))*&$,?(+%$'/%$-#
*%( 47%$,?( 7,*++7=$/4( =/%$*410( -%/( %/.*6/4( =%$*%( '*
"! C/.=/%-'7%/(-,4($'1(-++/='-;)/(6-%$-'$*,0
*++7=-,+28
9! $7.$4$'2(-,4($'1(-++/='-;)/(6-%$-'$*,0
?%+/.)-,%39%")#%13,+)$)3,),- >! #$%(.*6/./,'0
@! #$%(=7%$'2(*%(F7-)$'20
?@<%-KEKCMN
&! #$%(+(-,?/1(=/%((*7%0
E21'/.1( 5*%( -$%( +*,4$'$*,$,?( ,//4( '*( +*,'%*) "! #$%(-,4K*%(&-'/%(6/)*+$'2(%/F7$%/./,'10
'/.=/%-'7%/0( (7.$4$'2( -,4( -$%( F7-)$'2( &$'($,
'! %*+-)(+)$.-'/0
=%/4/'/%.$,/4()$.$'1('(%*7?(*7'('(/(2/-%8(E21'/.1(5*%
-$%(+*,4$'$*,$,?(.-2(;/(?%*7=/4(-1(-))3-$%('2=/0(-$%(-,4 (! E=-+/(=%/117%/(%/F7$%/./,'10
&-'/%('2=/0(-))3&-'/%('2=/(-,4(7,$'-%2('2=/8(E7$'-;$)$'2 )! :-=-+$'2(%/F7$%/./,'1(-1(=/%()*-4(+-)+7)-'$*,
*5(121'/.('2=/(+-,,*'(;/(?/,/%-)$Q/4e($'(,//41('*(;/ -,-)21$10
;7$)4$,?( 1=/+$5$+( 4/+$1$*,( +*,1$4/%$,?0( $,$'$-)( +*1'0 "M! H/47,4-,+20
/55$+$/,+20(.-$,'/,-,+/0(/55/+'(*,(;7$)4$,?(-/1'(/'$+10 ""! E=-'$-)(%/F7$%/./,'10
,*$1/0(1/%6$+/()$5/(-,4(*'(/%(5-+'*%18(%*&/%(*=/%-'$,? "9! R$%/(1-5/'2(-,4(1/+7%$'2(+*,+/%,10
+*1'0( +/,'%-)( .-$,'/,-,+/( -,4( +*,'%*)( -%/( =%$.-%2
">! P,$'$-)(+*1'0
+*,1$4/%-'$*,18( J/1$?,/%1( .-2( 1/)/+'( +/,'%-)$Q/4
121'/.1('(-'(+*.=%$1/(Jg(7,$'1(*%(+($))/%1(-,4(+**)$,? "@! B=/%-'$,?(+*1'0($,+)74$,?(/,/%?2(-,4(=*&/%
'*&/%1(L-1(-==)$+-;)/!0(-))((*71/4(-&-2(5%*.(*++7=$/4 +*1'10
1=-+/18( C($1( .$'$?-'/1( ,*$1/( $.=-+'18( C(/( (/-'$,? "&! >-$,'/,-,+/(+*1'0
-==)$+-'$*,(.-2(%/F7$%/((/-'(=7.=1(*%(;*$)/%18 ""! H/)$-;$)$'20
C(/1/(121'/.1(*5'/,(%/F7$%/(-(?%/-'/%($,$'$-)(+*1'('(-, "'! R)/T$;$)$'20
4$1'%$;7'/4(121'/.1(;7'(*5'/,(%/17)'($,(-,,7-)(/,/%?2 "(! :*,'%*))-;$)$'20
1-6$,?1( ;/+-71/( -44$'$*,-)( ;/,/5$'1( -)1*( $,+)74/( '(/ ")! %$5/3+2+)/(-,-)21$10
-;$)$'2( '*( %/47+/( $,1'-))/4( +-=-+$'2( ;2( 71$,?( )*-4 9M! E71'-$,-;$)$'2(+(-%-+'/%$1'$+10
4$6/%1$'28( :/,'%-)$Q/4( +**)$,?( 121'/.1( 717-))2( =%*6/ 9"! #+*71'$+1(-,4(6$;%-'$*,0(-,4
'*(;/(.*%/(+*1'3/55/+'$6/(&(/,('(/('*'-)(;7$)4$,?()*-4
99! >*)4(-,4(.$)4/&(=%/6/,'$*,8
/T+//41("MM(CH0(4/=/,4$,?(*,(+)$.-'/(-,4(=-''/%,1(*5
*++7=-,+2(71/8(:/,'%-)((/-'$,?(121'/.1(-%/(4/1$%-;)/ ?@:@<@<%:52$7,'6,757&$(7
$,( (/-'$,?( -==)$+-'$*,1( $,( .-,2( ;7$)4$,?( 1$Q/1( 1$,+/
:*.=-%-'$6/(-46-,'-?/10(4$1-46-,'-?/1(-,4(+*,1'%-$,'1
'(/2(+-,(=%*6$4/(+)*1/%(1=-+/(+*,'%*)(-,4(+-,(;/(71/4
*5( /-+(( *='$*,( 1(*7)4( ;/( +-%/57))2( /6-)7-'/4( ;/5*%/
&$'((.-,2('2=/1(*5('/%.$,-)(7,$'18
Q/%*$,?(4*&,('*(5$,-)($I#:(121'/.(1/)/+'$*,8(C-;)/(&
S(/,( )*&( $,$'$-)( +*1'( -,4( 1$.=)$+$'2( -%/( =%$.-%2 )$1'1( *7'( 6-%$*71( 121'/.( +(-%-+'/%$1'$+1( *5( 4$55/%/,'
+*,+/%,10( 4/1$?,/%1( .-2( 1/)/+'( Q*,/3;23Q*,/ $I#:( 121'/.1e( '(/( 1-./( .-2( ;/( 71/4( -1( -( '**)( 5*%
4$1'%$;7'/4(121'/.10($,+*%=*%-'$,?(/$'(/%(+**)$,?(*%(;*'( 121'/.(-,-)21$1(-,4(1/)/+'$*,8
(/-'$,?(-,4(+**)$,?(5-+$)$'28(C($1(-==%*-+(('/,41('*(;/
S(/,(-++7%-'/('/.=/%-'7%/(+*,'%*)($1(,//4/40(+*,1'-,'
71/4(5*%(1.-))/%(;7$)4$,?1(-1(&/))(-1(5*%()-%?/%(;7$)4$,?1
6*)7./( 121'/.1( 1(-))( ;/( 71/48( J/(7.$4$5$+-'$*,
&$'(( .7)'$=)/( '/,-,+2( -,4( 1755$+$/,'( %**5( -%/-8
-%%-,?/./,'(-,4(%/'7%,(-$%(;2/3=-11(1(-))(;/($,+)74/4
J$1'%$;7'/4( /F7$=./,'( +*,1$1'1( *5( 5-,0( +**)$,?( +*$)0
&($)/(4/1$?,$,?(+*,1'-,'(6*)7./(121'/.8(S(/,(71$,?
+*.=%/11*%( -,4( *7'4**%( +*,4/,1/%8( DT-.=)/1( *5
($?((6/)*+$'2(121'/.0(47-)(47+'$,?(1(-))(;/(=%*6$4/48
4$1'%$;7'/4( 121'/.1( $,+)74/( 7,$'-%2( -$%( +*,4$'$*,/%10
=-+G-?/4(%**5'*=(-$%(+*,4$'$*,/%10(6-%$-;)/(%/5%$?/%-,' ?@:@:( C(/( %/F7$%/./,'1( 5*%( 6-%$*71( -$%( +*,4$'$*,$,?
5)*&1(LIHR1!0((/-'(=7.=10(-1(&/))(-1(%/5%$?/%-,'3;-1/4 /F7$=./,'K121'/.(-%/(?$6/,($,(?@:@4%'*%?@:@<>@
1=)$'3121'/.(5-,3+*$)(7,$'1(L1$,?)/(*%(.7)'$37,$'!8(S-'/%3
?@:@4% -$*&/)9, -;.99$,, <)&$/, !57&$(, =, :52$7, )*,
1*7%+/( (/-'( =7.=1( LSE$N1!( -%/( -)1*( 4$1'%$;7'/4
-'(2'*$*&7
121'/.1( $,( &($+(( '(/( +*.=%/11*%( $1( )*+-'/4( +)*1/( '*
'(/(*++7=$/4(1=-+/0(;7'('(/2(-%/(+*))/+'$6/)2(1/%6/4(;2 ?@:@4@<% C(/( +/,'%-)( +($))/4( &-'/%( 121'/.( /F7$=./,'
-(+/,'%-)$Q/4(&-'/%(121'/.(&$'((-7T$)$-%2((/-'(%/</+'$*, 1/)/+'$*,( +%$'/%$-( 1(-))( ;/( ;-1/4( *,( -( +*.=%/(/,1$6/
4/6$+/18 1'742('*(/6-)7-'/(-,4(4/5$,/('(/()*&/1'()$5/3+2+)/(+*1'
:8 ,"$)3,"*%'()*+),-%13+/%39%),+)"%:;<=
!"#$%&%'()*+),-%./#0)1/.%2%./1$)3,%4%")#%13,+)$)3,),-5%6/"$),-%",+%7/16",)1"*%0/,$)*"$)3,
$MTNK%>%60"1%.IJGKL%"EMNIJBJ%MEF%.KNKOGBDE%7MGCB_
L-9)"7$('898"8"!
:= ,"$)3,"*%'()*+),-%13+/%39%),+)"%:;<=
;%$,/G(*%(*'(/%(1/+*,4-%2(+**)-,'(5*%(-$%(+*,4$'$*,$,? &$'(( +-%/57)( +*,'%*)( *5( '(/( +*,4/,1$,?
*%(%/5%$?/%-'$*,8(C(/(.*1'(5%/F7/,'(-==)$+-'$*,($1(&-'/% =%/117%/8( _-%'( )*-4( *=/%-'$*,( *5( +/,'%$57?-)
+($))$,?( 5*%( -$%( +*,4$'$*,$,?G( (*&/6/%G( ;%$,/( +**)$,? +*.=%/11*%(1(*7)4(;/(%/1'%$+'/4('*(@^(=/%+/,'
5*%()*&('/.=/%-'7%/(%/5%$?/%-'$*,(-,4(+($))$,?(5)7$41(5*% *%( -;*6/( $,( *%4/%( '*( -6*$4( 17%?$,?( *5
'(/%.-)(1'*%-?/(=%*+/11/1G(-%/(-)1*(;/+*.$,?(+*..*,8 +*.=%/11*%('(-'(.-2(4-.-?/($'($5(+*,'$,7/1
'*(*++7%8
C(/(;-1$+(+*.=*,/,'1(*5(-(6-=*7%(+*.=%/11$*,G()$F7$4
+($))$,?( 121'/.( $,+)74/( -( +*.=%/11*%G( )$F7$4( +**)/% P,( *%4/%( '*( 1-6/( /,/%?2G( +/,'%$57?-)
L/6-=*%-'*%!G( +*,4/,1/%G( +*.=%/11*%( 4%$6/G( )$F7$4 +*.=%/11*%1( &$'(( 6-%$-;)/( 1=//4( 4%$6/1
%/5%$?/%-,'(/T=-,1$*,(*%(5)*&(+*,'%*)(4/6$+/(-,4(+*,'%*) LIRJ1!(1(*7)4(;/(=%/5/%%/4(*6/%(5$T/4(1=//4
+($))/%18(IRJ1(-%/(71/4(*,(+($))/%1(,*'(*,)2
+/,'/%e( $'( .-2( -)1*( $,+)74/( -( %/+/$6/%G( /+*,*.$Q/%G
'*(/,(-,+/('(/(=-%'()*-4(=/%5*%.-,+/(;7'(-)1*
/T=-,1$*,( '7%;$,/( -,4K*%( 17;3+**)/%( L7$$, ?@:@4@>( 5*%
'*(-+'(-1(-,(-)'/%,-'/('*(-7'*3'-=(+(-,?/(1'-%'/%
6-=*7%(+*.=%/11$*,(&-'/%(+($))/%!8(P,(-44$'$*,G(-7T$)$-%2
5*%( .$,$.$1$,?( '(/( 1'-%'$,?( +7%%/,'( 5*%( '(/
+*.=*,/,'1( .-2( ;/( 71/4G( 17+(( -1( -( )7;%$+-,'( +**)/%G
+*.=%/11*%8
)7;%$+-,'(1/=-%-'*%G()7;%$+-,'3%/'7%,(4/6$+/G(=7%?/(7,$'G
)7;%$+-,'( =7.=G( %/5%$?/%-,'( '%-,15/%( 7,$'G( %/5%$?/%-,' >*4/%,( 6-%$-;)/31=//4( *$)35%//( +/,'%$57?-)
6/,'1G(-,4K*%(-44$'$*,-)(+*,'%*)(6-)6/18(%$F7$4(+($))$,? +($))/%1((-6/('(/(1(-5'(&$'(($.=/))/%()/6$'-'/4
7,$'1(-%/(-)1*(-6-$)-;)/(&$'((-$%(+**)/4(+*,4/,1/%18 47%$,?( %*'-'$*,G( 71$,?( 4$?$'-))23+*,'%*))/4
.-?,/'$+( ;/-%$,?18( C($1( 7,$F7/( 5/-'7%/
?@:@4@>%@)2'"/,%'(2/$77.'*,>)&$/,%;.99$/ %/47+/1( '(/( 5%$+'$*,( -,4( (/-'( +-71/4( ;2
C(/(7,$'(1(-))(;/(1/'(4*&,(*,('*(-(1*)$4(5*7,4-'$*,(*, +*,6/,'$*,-)(;/-%$,?1G(-44$,?('*('(/(*6/%-))
%/1$)$/,'(.*7,'$,?18(_$=/(+*,,/+'$*,1(1(-))((-6/(5)/T$;)/ ($?((/55$+$/,+28(P'(-)1*(/)$.$,-'/1('(/(,//4(5*%
+*7=)$,?1e('(/1/(1(*7)4(;/(+*,1$4/%/4($,(+*,<7,+'$*, )7;%$+-'$,?(*$)(-,4('(/(-,+$))-%2(+*.=*,/,'1
&$'(('(/(4/1$?,(*5('(/(=7.=(.*7,'$,?1(-,4('(/(=$=/ %/F7$%/4('*(17==*%'('(/()7;%$+-'$,?(*$)(121'/.G
17==*%'18 &($+((57%'(/%($.=%*6/1(/55$+$/,+28
;! !%/$>, %'(2/$77'/, =, E+%/&( +*.=%/11*%1( -%/
:-=-+$'2( +*,'%*)( 1(-))( ;/( +-=-;)/( '*( .-$,'-$,( -, -6-$)-;)/($,(*=/,(-,4(1/.$3(/%./'$+(5*%.(-,4(-%/
-==%*T$.-'/)2(+*,1'-,'('/.=/%-'7%/(*5('(/(+($))/4(&-'/% ?/,/%-))2( +*7=)/4( 4$%/+')2( '*( '&*3=*)/( .*'*%18
)/-6$,?('(/(/6-=*%-'*%8(C($1(.-2(;/(-4/F7-'/(5*%(*,/ C(/(+-=-+$'2(*5('(/(+*.=%/11*%(.-2(;/(.*47)-'/4
*%('&*(+($))/%(=-+G-?/1G(;7'(-(.*%/(/)-;*%-'/(+/,'%-) 4*&,('*(9^(=/%+/,'(*5(57))()*-4(+-=-+$'28
+*,'%*)(-,4(=)-,'(*='$.$Q-'$*,(121'/.($1(4/1$%-;)/(5*%
E$.$)-%( '*( +/,'%$57?-)( +*.=%/11*%1G( 1+%/&
-( )-%?/( ,7.;/%( *5( +($))/%18( C(/( 4/1$?,( *5( '(/ +*.=%/11*%1( &$'(( IRJ1( .-2( ;/( 71/4( -1( -,
%/5%$?/%-'$*,( +*,'%*)( 121'/.( 1(*7)4( ;/( $,'/?%-'/4G( *% /55/+'$6/( &-2( '*( /,(-,+/( '(/( =-%'( )*-4
;/( +*.=-'$;)/G( &$'(( '(/( +*,'%*)( 121'/.( 5*%( '(/( (/-' =/%5*%.-,+/( -,4( -)1*( .$,$.$1/( '(/( 1'-%'$,?
'%-,15/%(./4$7.(+$%+7)-'/4(&$'($,('(/(+**)/%8 +7%%/,'(5*%('(/(+*.=%/11*%8
>7)'$=)/(+($))/%(+*,5$?7%-'$*,G(1-./(*%(4$55/%/,'(1$Q/ C(/1/( -%/( ?/,/%-))2( 1=/+$5$/4( -,4( 71/4( 5*%
-,4('2=/1(1(-))(;/(71/4('*(-+($/6/('(/(($?(/1'(/,/%?2 +-=-+$'$/1(7=('*(@^^CH8
/55$+$/,+2G(-,4(-4/F7-'/(121'/.(+-=-+$'2(-6-$)-;$)$'2 P,(121'/.1(71$,?(-(4$%/+'(/T=-,1$*,(/6-=*%-'*%
-'( -))( +*,4$'$*,18( E21'/.( :B_( 1(-))( ;/( '(/( ;-1$1( 5*% LJ`( +($))/%!G( '(/( *$)( $1( '%-==/4( $,( '(/
4/1$?,(-,4(1/)/+'$*,(*5(/F7$=./,'@ /6-=*%-'*%( -,4( -,( *$)( %/+*6/%2( 121'/.( $1
_*&/%(+*,17.='$*,(47%$,?(*=/%-'$*,(1(*7)4(;/(%/47+/4 ,/+/11-%28
;2('-G$,?(-46-,'-?/(*5(-(5-))($,('(/(-.;$/,'(4%23;7); Z$'((1*./(121'/.1G(*$)(+**)/%($1(%/F7$%/4($,
-,4( &/'3;7);( '/.=/%-'7%/1G( &($+(( =/%.$'( - '(/(*$)(+$%+7)-'$*,(121'/.G('*(%/.*6/('(/((/-'
+*%%/1=*,4$,?($,+%/-1/($,(+($))/4(&-'/%('/.=/%-'7%/(-,4 ?-'(/%/4(;2(*$)(47%$,?(+*.=%/11$*,(+2+)/8
4/+%/-1/( $,( '(/( +*,4/,1/%( &-'/%( '/.=/%-'7%/G( -,4 +! !%/'99,%'(2/$77'/,=,E+%*))(+*.=%/11*%1(-%/
+*,1/F7/,'(+*,1$4/%-;)/(%/47+'$*,($,('(/(+*.=%/11*% ?/,/%-))2(71/4($,(%/1$4/,'$-)(-,4(1.-))K)$?('
=*&/%( +*,17.='$*,8( P'( $1( $.=*%'-,'( '*( *='$.$Q/ +*../%+$-)( -$%3+*,4$'$*,$,?8( E+%*))( +($))/%1
*=/%-'$,?( +*1'( ;2( *='$.7.( /F7$=./,'( 1/)/+'$*,( -,4 .-2(;/(71/4($,(1.-))/%(1$Q/1(7=('*("9^(CH8
+-%/57)(4/1$?,(*5('(/(-7'*.-'$+(+*,'%*)(121'/.8 4! A$%.2/'%)&.*+, %'(2/$77'/, =, J7/( '*( '(/$%
C(/(&-'/%(+($))$,?(=-+G-?/1(-%/(+)-11$5$/4(;-1/4(*,('(/ %/)-'$6/)2( )*&/%( /55$+$/,+2G( %/+$=%*+-'$,?
+*.=%/11*%1(-%/(,/-%)2(=(-1/4(*7'(5%*.('(/
'2=/(*5(+*.=%/11*%G(-1(?$6/,(;/)*&[
+*.5*%'( -$%3+*,4$'$*,$,?( -==)$+-'$*,8
-! -$*&/.6"+)9,%'(2/$77'/,=,C(/1/(+*.=%/11*%1 $*&/6/%G(5*%(+*)4(1'*%-?/(-,4(*'(/%(1=/+$-)
71/($.=/))/%1('*($.=-%'(=%/117%/(/,/%?2('*('(/ =7%=*1/( -==)$+-'$*,1G( '(/1/( 1'$))( (-6/
%/5%$?/%-,'8(C(/1/(.-2(;/(.*47)-'/4(4*&,('* $.=*%'-,+/(47/('*('(/$%(+-=-+$'2('*(*55/%(($?(
-==%*T$.-'/)2(@^(=/%+/,'(*5(57))()*-4(+-=-+$'2G =%/117%/(%-'$*8
!"#$%&%'()*+),-%./#0)1/.%2%./1$)3,%4%")#%13,+)$)3,),-5%6/"$),-%",+%7/16",)1"*%0/,$)*"$)3, :?
?@:@4@=%8#7'/2&.'*,!57&$( *%( &-'/%K?)2+*)( 1*)7'$*,18( C(/( +(*$+/1( -6-$)-;)/( -%/
1$,?)/($,)/'K/,4(17+'$*,(*%(4*7;)/(17+'$*,('2=/(=7.=8(P,
C(/( -;1*%='$*,( +2+)/( 71/1( -( 1*)7'$*,( &($+(G( ;2
'(/(/,4(17+'$*,(=7.=G()$F7$4(/,'/%1('(%*7?((-(1$,?)/($,)/'
-;1*%;$,?('(/(%/5%$?/%-,'G(%/=)-+/1('(/(57,+'$*,(*5('(/
&$'(( /,4( 17+'$*,( '*( $.=/))/%G( &($)/( $,( 4*7;)/( 17+'$*,
+*.=%/11*%8(C(/(-;1*%;/,'K%/5%$?/%-,'(.$T'7%/($1('(/,
=7.=()$F7$4(/,'/%1(*,('&*(1$4/1(*5('(/($.=/))/%(-)*,?
=7.=/4('*(-(($?(/%(=%/117%/(&(/%/('(/(%/5%$?/%-,'($1
'(/( 1(-5'8( J*7;)/( 17+'$*,( =7.=1( -%/( $,(/%/,')2( 1/)53
;*$)/4(*55(;2('(/(-==)$+-'$*,(*5((/-'G(-,4($1(17;1/F7/,')2
;-)-,+$,?( &$'(( %/47+/4( $.=-+'( *,( ;/-%$,?1( -,4( *,
+*,4/,1/4($,('(/(+*,4/,1/%8
./+(-,$+-)(1/-)G(&(/,(5)7$4(/,'/%1('(/(=7.=8(C($1(.-2
#;1*%='$*,( .-+($,/1( -%/( /T'/,1$6/)2( 71/4( $,( )$F7$4 ;/( =%/5/%%/4( 5*%( )-%?/%( 5)*&( Ls( ">( )$'%/( =/%( 1/+*,4!
+($))$,?( -==)$+-'$*,18( C(/1/( -%/( .*1'( 17$'-;)/( 5*% %/F7$%/./,'8(E*./(1.-))/%(/,4317+'$*,(=7.=1(-%/(4$%/+'3
-==)$+-'$*,1(&(/%/(&-1'/((/-'($1(%/-4$)2(-6-$)-;)/8(E*)-% +*7=)/4G(&(/%/('(/($.=/))/%(.*7,'1(4$%/+')2(*,('(/(1(-5'
/,/%?2(-11$1'/4(-$%(+*,4$'$*,$,?K+**)$,?(121'/.1(-)1* *5(-(5-+/3.*7,'/4(.*'*%8(#('($%4(=*=7)-%($I#:(=7.=
71/(-;1*%='$*,(121'/.18 $1('(/($,3)$,/(+/,'%$57?-)G($,(&($+(($,)/'(-,4(4$1+(-%?/
=$=$,?(-%/($,()$,/8(J$%/+'(+*7=)/4(=7.=(-11/.;)2(-,4
?@:@4@=@<%B*,./$%&,6./.*+
$,)$,/(=7.=(.-2(;/(71/4(5*%(1.-))/%(5)*&(-==)$+-'$*,18
C(/( )$'($7.( ;%*.$4/K&-'/%( -;1*%='$*,( 121'/.( +-,( ;/ $$?(/%( 5)*&( %-'/( %/F7$%$,?( .*'*%( 1$Q/( -;*6/( a8&( GZG
=*&/%/4(;2(./4$7.(*%(($?(('/.=/%-'7%/((*'(&-'/%(-,4 =7.=1( 1(-))( ;/( +*7=)/4( &$'(( ($?(( /55$+$/,+2( LD55"!
)*&(*%(./4$7.(=%/117%/(1'/-.8(Z-'/%($1('(/(%/5%$?/%-,' .*'*%18(>*,*3;)*+G(=7.=1(-%/(?/,/%-))2(71/4(7=('*(a8&
-,4( )$'($7.( ;%*.$4/G( '(/( -;1*%;/,'8( C(/( 5*7% GZG(;7'(-%/(,*'(2/'(-6-$)-;)/(&$'((.*'*%((-6$,?(D55"
+*.=-%'./,'1(/,+)*1$,?('(/((/-'(/T+(-,?/%('7;/(;7,4)/1 /55$+$/,+28
5*%('(/(+*,4/,1/%G(/6-=*%-'*%G(?/,/%-'*%(-,4(-;1*%;/%(+-,
C(/(1=)$'(+-1/((*%$Q*,'-)(=7.=(1(-))(;/(71/4($,()-%?/%
;/($,(-(1$,?)/(*%(.7)'$=)/(=%/117%/(6/11/)(-%%-,?/./,'8
-==)$+-'$*,18(C(/1/(=7.=1(+*1'(.*%/('(-,(*'(/%(=7.=1G
C(/(&(*)/(-11/.;)2((-1('*(;/(.-$,'-$,/4(7,4/%(-(($?(
;7'( -%/( .*%/( /55$+$/,'8( E=)$'( +-1$,?( -)1*( -))*&1
6-+77.G(&($+(($1(/11/,'$-)(5*%('(/(+*%%/+'(57,+'$*,$,?(*5
$,1=/+'$*,( -,4( .-$,'/,-,+/( &$'(*7'( 4$1'7%;$,?( '(/
'(/( 7,$'8( Z-'/%( -,4( -;1*%;/,'( 1*)7'$*,1( -%/( +$%+7)-'/4
%*'*%G(.*'*%G(*%('(/(+*,,/+'$,?(=$=$,?8
&$'($,('(/(7,$'(;2(/)/+'%$+-))2(4%$6/,(=7.=18
:/,'%$57?-)(L(*%$Q*,'-)(*%(6/%'$+-)(1=)$'3+-1/(*%(6/%'$+-)
:-=-+$'2( +*,'%*)( 4*&,( '*( "^( =/%+/,'( *5( 57))( )*-4 '7%;$,/!( =7.=1( .*7,'/4( *,( ;-1/G( -%/( ?/,/%-))2
+-=-+$'2( $1( -+($/6/4( ;2( .*47)-'$,?( '(/( 5)*&( *5( '(/ =%*6$4/4( 5*%( +($))/4( &-'/%( -,4( +*,4/,1/%( &-'/%
(/-'$,?( ./4$7.( $,( %/)-'$*,( '*( '(/( +**)$,?( 4/.-,48 -==)$+-'$*,18(P,3)$,/(=7.=1(.-2(-)1*(;/(71/4(5*%(+/%'-$,
C(/%/($1(1*./()*11($,(=/%5*%.-,+/(-'(=-%'()*-4G(&($+( -==)$+-'$*,1('*(.$,$.$1/(=)-,'(%**.(1=-+/(%/F7$%/./,'8
+-,(;/(+*.=/,1-'/4(;2(%/5$,/./,'1($,('(/(121'/.(4/1$?,
-,4(+*,'%*)8 :-6$'-'$*,( 1(-))( ;/( -6*$4/4( ;2( 1/)/+'$,?( 17$'-;)/
)*+-'$*,(*5(=7.=(&$'((%/1=/+'('*('(/(+**)$,?('*&/%G(1*
?@:@4@=@:%C./$%&,6./.*+ -1('*(-)&-21(.//'('(/(,/'(=*1$'$6/(17+'$*,((/-4(LA_E$!
J$%/+'( 5$%/4( )$'($7.( ;%*.$4/K&-'/%( -;1*%='$*,( =)-,'1 %/F7$%/./,'(*5(+*,4/,1/%(&-'/%(=7.=8
(-6/(;/+*./(+*..*,G(;2($,+*%=*%-'$,?(=%/+$1/(+*,'%*) !$9$%&.'*,%/.&$/.),)*,,&52$7,'6,2"(2.*+,757&$(,=,_7.=
*5( ?/,/%-'*%( '/.=/%-'7%/( ,/+/11-%2( '*( -6*$4 1(-))(;/( 1/)/+'/4( '*( *=/%-'/( -'( )*&/1'( =*11$;)/(%=.( '*
+%21'-))$Q-'$*,8 -+($/6/(/,/%?2(/55$+$/,+28(C(/(*=/%-'$,?(=*$,'(1(-))(;/
#..*,$-K&-'/%(121'/.1(-%/(?/,/%-))2(4$%/+'(5$%/4G(;7' 1/)/+'/4(-'(*%(,/-%('(/(($?(/1'(/55$+$/,+2(-,4('*('(/()/5'
-%/(%-%/)2(71/4(5*%(&-'/%(+($))$,?(47'$/1G(/T+/='(5*%(1.-)) 1$4/(*5('(/(.-T$.7.(/55$+$/,+2(=*$,'(;7'(,*'(.*%/('(-,
1$Q/4( 7,$'1G( &($+(( -%/( $,1'-))/4( *7'1$4/( '(/( ;7$)4$,?8 &(=/%+/,'(5%*.('(/(.-T$.7.(/55$+$/,+2(+7%6/8(C(/(=7.=
C(/%/(-%/('&*(%/-1*,1(5*%('($1e(5$%1')2(+-=$'-)(+*1'1(-%/ .*'*%(1(-))(;/(,*,3*6/%)*-4$,?(*6/%('(/(/,'$%/(%-,?/(*5
($?(/%(-,4(1/+*,4)2('(/(4-,?/%('*(=/%1*,,/)($,('(/(/6/,' $'1(*=/%-'$*,(-,4(+*.=-'$;)/(&$'((6-%$-;)/(1=//4(4%$6/G
*5()/-G-?/(*5('(/(%/5%$?/%-,'8 &(/%/( 17+(( -==)$+-'$*,1( -%/( 71/48( R*%( &-'/%( =7.=1G
-6-$)-;)/(,/'(=*1$'$6/(17+'$*,((/-4(LA_E$!(1(-))(/T+//4
J$%/+'( 5$%$,?( (-1( '(/( -46-,'-?/( '(-'( '(/( )*11/1( $,( -, %/F7$%/4(A_E$('*(-6*$4(=7.=(+-6$'-'$*,8
$,4$%/+'( (/-'$,?( 121'/.( -%/( -6*$4/4G( ;7'( $,( -,( -$%
C(/(=*11$;)/('2=/1(*5(+($))/4(&-'/%(%/+$%+7)-'$*,(=7.=1
+*,4$'$*,$,?( $,1'-))-'$*,( &(/%/( -( ;*$)/%( 121'/.( $1
-%/(-1(?$6/,(;/)*&[
$,1'-))/4( '*( =%*6$4/( (/-'$,?G( '(/( -46-,'-?/( $1( ,*'( *5
.7+((+*,+/%,8 -! :*,1'-,'(1=//4(=7.=$,?(121'/.e
?@:@4@?%-;.99$,,>)&$/,757&$(,%'(2'*$*&7 ;! I-%$-;)/(1=//4(=7.=$,?(121'/.(LIE_E![
"! _-%-))/)(IE_E(+*,5$?7%-'$*,G
?@:@4@?@<%-;.99$,,)*,,%'*,$*7$/,>)&$/,2"(27
9! h*,/4(IE_E(+*,5$?7%-'$*,G(-,4
H-4$-)(5)*&(+/,'%$57?-)(=7.=1(-%/(%/+*../,4/4(5*% >! _%$.-%2( 1/+*,4-%2( '/%'$-%2( =7.=$,?
71/($,($I#:(121'/.1(5*%(+$%+7)-'$*,(*%('%-,15/%(*5(&-'/% 121'/.(L_3E3C!e(-,4
:& ,"$)3,"*%'()*+),-%13+/%39%),+)"%:;<=
+! _%$.-%2(*,)2(6-%$-;)/(1=//4(=7.=$,?(121'/. :**)$,?('*&/%(-==%*-+((1(-))(;/(-1(5*))*&1[
L_IR!8 $! t(98^c:(-==%*-+((5*%(9@da(=)-,'1G(-,4
P,(*%4/%('*($.=%*6/(/,/%?2(/55$+$/,+2(*5()-%?/%(121'/.1G $$! t(>8^c:(-==%*-+((5*%(-))(*'(/%(-==)$+-'$*,18
&(/%/( =7.=$,?( /,/%?2( -.*7,'1( '*( &( =/%+/,'( '*( b :**)$,?('*&/%(-++/11*%$/1(1(-))(;/(=%*</+'31=/+$5$+(-,4
=/%+/,'(*5('*'-)(/,/%?2(+*,17.='$*,($,(-(;7$)4$,?G(?)-11 1(-))($,+)74/(17+(($'/.1(-1(&-)G$,?(=)-'5*%.e(1'-$%1(-,4
5)-G/(+*-'$,?1(5*%()-%?/(1$Q/(=7.=1(.-2(;/(+*,1$4/%/4G )-44/%( 1-5/'2( +-?/e( ;$%4( 1+%//,e( '*&/%( )*-4$,?( -,4
;-1/4(*,()$5/(+2+)/(+*1'(-11/11./,'(-1($'(%/47+/1(5%$+'$*, 17==*%'$,?( 1'%7+'7%/e( -,4( 6-%$-;)/( 1=//4( 4%$6/( 5-,
-,4($.=%*6/1(/55$+$/,+28 .*'*%8
:($))/4(&-'/%(+$%+7)-'$*,(121'/.((-6$,?(=7.=(.*'*% :**)$,?('*&/%($,1'-))-'$*,(1(-))($,+)74/($,1'-))-'$*,(*5
)-%?/%('(-,(>8a(GZ(%-'$,?(-%/(?/,/%-))2(4/1$?,/4(5*% +*,47+'$6$'2(+*,'%*))/%G(5)*&(./'/%(*,('(/(.-G/7=(&-'/%
6-%$-;)/(5)7$4(5)*&('*(*55/%()-%?/(1-6$,?1($,(*=/%-'$,? )$,/G(*6/%5)*&(-)-%.(-,4()*&()/6/)(-)-%.8
+*1'8 ?@:@4@&@4%!%)9$,%'*&/'9
?@:@4@&%-''9.*+,&'>$/ Z-'/%( '%/-'./,'( $1( 4/1$%-;)/( '*( =%/6/,'( 1+-)$,?G
?@:@4@&@<%Z-'/%( $1( +*..*,)2( 71/4( -1( -( (/-'( '%-,15/% +*%%*1$*,G(-,4(;$*)*?$+-)(5*7)$,?(*5('(/(+*,4/,1/%(-,4
./4$7.('*(%/.*6/((/-'(5%*.('(/(%/5%$?/%-,'(6-=*7%($, +$%+7)-'$,?(121'/.8(%-%?/(121'/.(1(-))(;/(=%*6$4/4(&$'(
+*,4/,1/%8(:**)$,?('*&/%($1(71/4('*(4$11$=-'/('(/((/-' 5$T/4(+*,'$,7*7135//4$,?(+(/.$+-)('%/-'./,'(121'/.($,
5%*.( '(/( -$%( +*,4$'$*,$,?( 121'/.8( C(/( &-'/% &($+((+(/.$+-)1G($,+)74$,?(-+$41(5*%(2$(+*,'%*)G(-%/
+*,17.='$*,( %-'/( 5*%( -( +**)$,?( '*&/%( 121'/.( $1( )/11 4$)7'/4G(;)/,4/4(-,4(=7.=/4($,'*('(/(+*,4/,1/%(&-'/%
'(-,(&(=/%+/,'(*5('(-'(5*%(-(*,+/3'(%*7?((121'/.G(.-G$,? 121'/.8(:*%%*1$*,3%/1$1'-,'(.-'/%$-)1(.-2(;/(%/F7$%/4
$'('(/()/-1'(/T=/,1$6/(121'/.('*(*=/%-'/(&$'((=7%+(-1/4 5*%('(/('%/-'./,'(*5(121'/.(+*.=*,/,'1('(-'(+*./($,
&-'/%(17==)$/18(#44$'$*,-))2G('(/(-.*7,'(*5((/-'/4(&-'/% +*,'-+'(&$'(('(/1/(+(/.$+-)18(P,(=$=$,?(121'/.(4/1$?,G
4$1+(-%?/4(L;)*&(4*&,!($1(6/%2(1.-))G(1*('(/(/+*)*?$+-) =%*6$1$*,(5*%(5//4$,?('(/(+(/.$+-)1G(;)*&(4*&,G(4%-$,G
/55/+'( $1( ?%/-')2( %/47+/48( :**)$,?( '*&/%( +-,( +**) -,4( *,3)$,/( '/1'$,?( 1(*7)4( ;/( $,+)74/48( C%/-'./,'
+*,4/,1/%(&-'/%('*(&$'($,(9('*(>c:(*5('(/(-.;$/,'(&/'3 121'/.(4/1$?,(1(*7)4($,+*%=*%-'/(.-$,(1'%/-.(5$)'%-'$*,
;7);( '/.=/%-'7%/8( C(/%/5*%/G( &-'/%( +**)/4( 121'/. &$'(*7'(1/=-%-'/(=7.=$,?(121'/.8
*=/%-'/1(-'(-(+*,4/,1/%('/.=/%-'7%/($,(/T+/11(*5(9^c: P'($1(4/1$%-;)/('(-'(5*))*&$,?(./'(*41(-%/(71/4('*(+*,'%*)
)*&/%( '(-,( '(/( +*%%/1=*,4$,?( -$%( +**)/4( 121'/.G 1+-)/(5*%.-'$*,[
%/17)'$,?( $,( +*,1$4/%-;)2( $.=%*6/4( /55$+$/,+2( -,4
-! %$.$'( '(/( +*,+/,'%-'$*,( *5( 1+-)/35*%.$,?
1$?,$5$+-,')2(%/47+/4(/,/%?2(+*,17.='$*,8
.$,/%-)1(;2(+*,'%*))$,?(+2+)/1(*5(+*,+/,'%-'$*,G
?@:@4@&@:%!$9$%&.'*,%/.&$/.) *%(;2(%/.*6$,?('(/(.$,/%-)1(;/5*%/('(/2(/,'/%
'(/(121'/.8(#(+2+)/(*5(+*,+/,'%-'$*,($1('(/(%-'$*
%*+-'$*,(*5('(/(+**)$,?('*&/%($1(717-))2(4/'/%.$,/4(;2
*5(.-G/7=(&-'/%(%-'/('*('(/(17.(*5(;)*&(4*&,
*,/(*%(.*%/(*5('(/(5*))*&$,?[
-,4(4%$5'(%-'/8(C(/(+2+)/(*5(+*,+/,'%-'$*,(+-,
-! #%+($'/+'7%-)(+*.=-'$;$)$'2G ;/(.*,$'*%/4(;2(+-)+7)-'$,?('(/(%-'$*(*5(+()*%$4/
;! H$??$,?()$.$'-'$*,1G $*,G(&($+(($1(($?()2(1*)7;)/($,('(/(121'/.(&-'/%G
+! E'%7+'7%-)(17==*%'(%/F7$%/./,'1G '*('(-'($,('(/(.-G/7=(&-'/%8(>-G$,?(./+(-,$+-)
+(-,?/1( $,( '(/( 121'/.G( )$G/( $,+%/-1$,?( &-'/%
4! :*1'( *5( ;%$,?$,?( -7T$)$-%2( 1/%6$+/1( '*( '(/
5)*&( -,4( =%*6$4$,?( /T+(-,?/%( &$'(( )-%?/%
+**)$,?('*&/%G(-,4
17%5-+/( -%/-G( %/47+/( '(/( +(-,+/1( *5( 1+-)/
/! A*$1/( '%-,1.$11$*,G( =)7./G( -,4( 4%$5'
5*%.-'$*,8
+*,1$4/%-'$*,18
;! R//4( -+$4( '*( G//=( '(/( +*..*,( 1+-)/( 5*%.$,?
C(/1/(-%/(;/1'((-,4)/4(;2(=%*=/%(1$'/(1/)/+'$*,(47%$,? .$,/%-)1G()$G/G(+-)+$7.(+-%;*,-'/G($,(4$11*)6/4(1'-'/8
'(/( =)-,,$,?( 1'-?/8( :**)$,?( '*&/%( 1(-))( ;/( $,1'-))/4 +! C%/-'( &$'(( +(/.$+-)1( 4/1$?,/4( '*( =%/6/,'
%-$1/4(-;*6/('(/(.*7,'$,?(17%5-+/(;2(@&^(3("(9&^(.. 1+-)/8
'*(=/%.$'($,1'-))-'$*,(*5(=*'(1'%-$,/%($,(+*,4/,1/%(&-'/%
R*%( '%/-'./,'( *5( &-'/%( 5*%( +**)$,?( '*&/%1G( %/5/%/,+/
)$,/( 5%*.( +**)$,?( '*&/%( 17.=e( -)1*( '*( =%*6$4/( /-12
1(-))(;/(.-4/('*('(/(?**4(=%-+'$+/(ef3>L>!g8
4%-$,-?/( -,4( .-$,'/,-,+/( *5( .*7,'$,?( 17%5-+/( -1
5*))*&1[ ?@:@4@X%8./,;)*,9.*+,"*.&,L8UD!
>$,$.7.(+**)$,?('*&/%(/55$+$/,+2(1(-))(;/(-1(5*))*&1[ #))3-$%( 121'/.( $1( +*..*,)2( 71/4( 5*%( +*.5*%'
-==)$+-'$*,18
"! >&^( )$'%/( =/%( .$,7'/K$_( 5*%( 9@da( 5-+$)$'$/1G
-,4 ?@:@4@X@<,!$9$%&.'*,%/.&$/.)
9! >^^()$'%/(=/%(.$,7'/K$_(5*%(-))(*'(/%18 C(/(4/1$?,/%(1(-))(1/)/+'('(/(-$%((-,4)$,?(7,$'(*,('(/
!"#$%&%'()*+),-%./#0)1/.%2%./1$)3,%4%")#%13,+)$)3,),-5%6/"$),-%",+%7/16",)1"*%0/,$)*"$)3, :X